Maxime Ossieur: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Maxime Ossieur
Largest movements
- Cash +€74,058
up €74,058 (+402%), from €18,400 to €92,458
mainly Net result for the year (+€71,871) and Debts after one year (+€10,000)
- Receivables within one year +€7,596
up €7,596 (+958%), from €792 to €8,388
- Tangible fixed assets -€2,935
down €2,935 (-8.5%), from €34,355 to €31,420
of which Land and buildings: -€3,481
- Reserves +€117,000
new in 2025: €117,000
- Profit (loss) carried forward -€45,129
down €45,129 (-99.7%), from €45,244 to €115
- Debts after one year +€10,000
new in 2025: €10,000
- Other debts -€2,566
down €2,566 (-75.3%), from €3,409 to €843
- Gross operating margin +€35,610
up €35,610 (+58.3%), from €61,082 to €96,692
- Taxes +€6,745
up €6,745 (+55.9%), from €12,068 to €18,813
- Depreciation +€1,826
up €1,826 (+60.1%), from €3,038 to €4,864
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,607 | €132,326 | +€78,719 | +147% |
| Fixed assets | 21/28 | €34,415 | €31,480 | -€2,935 | -8.5% |
| Tangible fixed assets | 22/27 | €34,355 | €31,420 | -€2,935 | -8.5% |
| Land and buildings | 22 | €32,567 | €29,086 | -€3,481 | -10.7% |
| Furniture and vehicles | 24 | €1,788 | €2,334 | +€546 | +30.5% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €19,192 | €100,846 | +€81,654 | +425% |
| Amounts receivable within one year | 40/41 | €792 | €8,388 | +€7,596 | +958% |
| Other amounts receivable | 41 | €792 | €8,388 | +€7,596 | +958% |
| Cash at bank and in hand | 54/58 | €18,400 | €92,458 | +€74,058 | +402% |
| Total equity and liabilities | 10/49 | €53,607 | €132,326 | +€78,719 | +147% |
| Equity | 10/15 | €48,244 | €120,115 | +€71,871 | +149% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €117,000 | +€117,000 | |
| Distributable reserves | 133 | - | €117,000 | +€117,000 | |
| Profit (loss) carried forward | 14 | €45,244 | €115 | -€45,129 | -99.7% |
| Amounts payable | 17/49 | €5,363 | €12,211 | +€6,848 | +128% |
| Amounts payable after more than one year | 17 | - | €10,000 | +€10,000 | |
| Financial debts | 170/4 | - | €10,000 | +€10,000 | |
| Amounts payable within one year | 42/48 | €5,363 | €2,211 | -€3,152 | -58.8% |
| Financial debts | 43 | €936 | €440 | -€496 | -53.0% |
| Other loans | 439 | €936 | €440 | -€496 | -53.0% |
| Trade debts | 44 | €44 | €183 | +€138 | +313% |
| Suppliers | 440/4 | €44 | €183 | +€138 | +313% |
| Taxes, remuneration and social security | 45 | €973 | €745 | -€228 | -23.4% |
| Taxes | 450/3 | €813 | €745 | -€68 | -8.4% |
| Remuneration and social security | 454/9 | €160 | €0 | -€160 | -100% |
| Other amounts payable | 47/48 | €3,409 | €843 | -€2,566 | -75.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,038 | €4,864 | +€1,826 | +60.1% |
| Other operating charges | 640/8 | €384 | €1,093 | +€709 | +184% |
| Gross operating margin | 9900 | €61,082 | €96,692 | +€35,610 | +58.3% |
| Operating profit (loss) | 9901 | €57,660 | €90,735 | +€33,075 | +57.4% |
| Financial income | 75/76B | €6 | €5 | -€1 | -16.5% |
| Recurring financial income | 75 | €6 | €5 | -€1 | -16.5% |
| Financial charges | 65/66B | €353 | €55 | -€298 | -84.3% |
| Recurring financial charges | 65 | €353 | €55 | -€298 | -84.3% |
| Profit (loss) for the period before taxes | 9903 | €57,312 | €90,684 | +€33,372 | +58.2% |
| Income taxes | 67/77 | €12,068 | €18,813 | +€6,745 | +55.9% |
| Profit (loss) for the period | 9904 | €45,244 | €71,871 | +€26,627 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €45,244 | €71,871 | +€26,627 | +58.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.